How Deutsche Bank Liquid Commodity Index Works for Investors

The Deutsche Bank Liquid Commodity Index is a popular investment tool that allows you to diversify your portfolio with a basket of commodities.

The index is designed to track the performance of a broad range of commodities, including energy, precious metals, and industrial metals.

It's made up of 19 different commodities, weighted to reflect their market value.

This means that the index is constantly evolving to reflect changes in global commodity markets.

Consider reading: Commodity Index Bloomberg

The Deutsche Bank Liquid Commodity Index is a diverse and balanced commodity exposure that reflects world production and inventory. It's made up of six commodities: WTI crude oil, heating oil, aluminium, gold, corn, and wheat.

The index uses constant weighting to provide a balanced exposure, with each commodity contributing a specific percentage to the overall index. The weights for each commodity are: 35.00% for WTI crude oil, 20.00% for heating oil, 10.00% for gold, 12.50% for aluminium, and 11.25% for both corn and wheat.

The index also includes a range of contract months for each commodity, with energy contracts rolled monthly and metal and grain contracts rolled annually. This helps to ensure that the index remains up-to-date and reflective of current market conditions.

Here's a breakdown of the index components:

The index has a long history, with total and excess returns data available from December 1, 1988. This provides a wealth of information for investors looking to track the performance of the index over time.

The Deutsche Bank Liquid Commodity Index is designed to track the price and yield performance of the Deutsche Bank Liquid Commodity index - Optimum Yield Oil Excess Return.

This index is a rules-based index composed of futures contracts on light sweet crude oil (WTI) and is intended to reflect the performance of crude oil.

The fund allows investors to take a short view on the performance of the index, which can be a unique feature for those looking to diversify their portfolio.

Here are some key statistics about the fund's holdings:

Our investment strategy relies on a systematic approach to managing commodity futures contracts. We adopt a rolling procedure that's tailored to the specific characteristics of different markets.

Energy contracts are rolled monthly, while other commodity futures contracts are rolled annually. This is because energy curves tend to be in backwardation, whereas metal and agricultural forward curves are often in contango.

Futures contracts rolling typically takes place between the second and sixth business day of the month. This allows us to stay on top of market movements and make informed decisions.

We quote the DBLCI in both total returns and excess returns terms in US dollars, as well as a variety of major currencies. This gives us a comprehensive view of the market and helps us make more accurate predictions.

For more insights, see: Us Bank Index

The fund strategy is designed to track the price and yield performance of the Deutsche Bank Liquid Commodity index - Optimum Yield Oil Excess Return. This index is a rules-based index composed of futures contracts on light sweet crude oil (WTI).

Broaden your view: Bloomberg Short-term Bank Yield Index

The fund allows investors to take a short view on the performance of the index, which is intended to reflect the performance of crude oil. This means investors can bet against the oil market if they believe prices will fall.

The index is composed of futures contracts, which are agreements to buy or sell a commodity at a set price on a specific date. In this case, the commodity is light sweet crude oil.

The fund's holdings are transparent, meaning investors can see the underlying portfolio securities on a daily basis. This is a unique feature of ETFs compared to mutual funds.

The fund's performance is reflected in its closing NAV, which is currently $9.71 as of 10/03/2025.